Housing Market Watch

Say Goodbye to Your Equity: Home Prices in a Freefall

Feb 28, 2008 — The new home price data released this week shows a historic drop in home prices. The negative declines are eating into equity across the country. An estimated 30 percent of U.S. homeowners are expected to be underwater by 2008.

Critics Claim Mortgage Giant Countrywide Played a Huge Role in Housing Crisis

Feb 21, 2008 — Mortgage company Countrywide Financial is now under fire for the role that they played in the ongoing housing crisis. Critics accuse this mortgage provider of having engaged in questionable lending practices in order to extract maximum profits. Countrywide CEO Angelo Mozilo, who has dumped his own stock, responds to the charges.

Celebrities Not Immune to the Real Estate Crisis

Feb 15, 2008 — Even celebs are feeling the pinch as with the worsening housing downturn. Some are actually facing foreclosure and may lose their homes to the subprime mortgage crisis. See which stars are losing in the real estate market here.

Stimulus Plan is Risky for Taxpayers

Feb 08, 2008 — The officially passed stimulus plan will cross President Bush's desk this month. But before you get too excited about the bribe you will receive sometime in May or June, you should know that you are about to buy into one of the most fraudulent and devious plans in U.S. history.